PetVivo (NASDAQ:PETV) Trading Up 3% – Time to Buy?

Shares of PetVivo Holdings, Inc. (NASDAQ:PETVGet Free Report) traded up 3% during trading on Monday . The stock traded as high as $1.09 and last traded at $1.03. 18,867 shares changed hands during mid-day trading, an increase of 1% from the average session volume of 18,719 shares. The stock had previously closed at $1.00.

PetVivo Price Performance

The stock has a market capitalization of $30.12 million, a price-to-earnings ratio of -2.29 and a beta of 0.75. The company has a quick ratio of 0.47, a current ratio of 0.42 and a debt-to-equity ratio of 0.02. The business’s 50 day simple moving average is $0.86 and its 200-day simple moving average is $0.74.

PetVivo Company Profile

(Get Free Report)

PetVivo Holdings, Inc, a biomedical device company, engages in the manufacturing, commercializing, and licensing of medical devices and biomaterials for the treatment of afflictions and diseases in animals. Its lead product is Spryng, a veterinarian-administered, intraarticular injection for the management of lameness and other joint afflictions, such as osteoarthritis in dogs and horses.

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